| NEE latest price $75.7000 (1.12%) ($74.6400 - $76.1700) on Wed. Jul. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 64 |
Latest Price | $75.7000(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.1% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(63%) IFRA(53%) SDY(53%) XLU(53%) ICLN(51%) |
Factors Impacting NEE price | NEE will decline at least -0.565% in a week (0% probabilities). VIXM(-26%) UUP(-19%) TBT(-17%) VXX(-5%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.565% (StdDev 1.13%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.9% |
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